There are two ways to extend a business. Take inventory of what you're good at and extend out from your skills. Or determine what your customers need and work backward, even if it requires learning new skills. Kindle is an example of working backward.
Jeff BezosWhere you are going to spend your time and your energy is one of the most important decisions you get to make in life.
Jeff BezosI knew that if I failed I wouldn't regret that, but I knew the one thing I might regret is not trying.
Jeff BezosWhat consumerism really is, at its worst is getting people to buy things that don't actually improve their lives.
Jeff BezosThe framework I found which made the decision incredibly easy was what I called โ which only a nerd would call โ a โregret minimization framework.โ So, I wanted to project myself forward to age 80 and say, โOkay, now Iโm looking back on my life. I want to have minimized the number of regrets I have.โ
Jeff Bezos